Founded by Madagascar director and chief creative officer Eric Darnell and CEO Maureen Fan, Baobab's work includes the Darnell-directed animated alien VR short Invasion! and its upcoming sequel Asteroids! Redwood City, Calif.-headquartered Baobab is also teaming up with Roth Kirschenbaum Films to create a theatrical feature based on the characters and story in Invasion!

Baobab also said today that it has named director Chris Milk, founder and CEO of another VR startup, Within, to its advisory board.